Dhaka:Key areas of cooperation between Qatari and Portuguese companies, particularly in hospitality, fintech, and retail sectors, were explored by Qatar Chamber (QC).

According to Qatar News Agency, the discussions took place during a meeting on Monday between Mohamed bin Ahmed bin Twar Al Kuwari, First Vice Chairman of Qatar Chamber, and Miguel Frasquilho, Vice President of the Arab Portuguese Chamber of Commerce and Industry and Chairman of the Advisory Board of the L'Or Investment Group.

Twar highlighted the strong bilateral ties and expressed that Qatari investors are keen to explore investment opportunities in Portugal. He emphasized strengthening cooperation with Portuguese counterparts through joint ventures and reciprocal investments. Twar also noted that the Qatari market is open to foreign investment across various sectors and stressed the importance of utilizing Portuguese expertise and technology to establish projects in Qatar.

Miguel Frasquilho expressed the interest of Portuguese investors in exploring opportunities in Qatar, especially in fintech, services, and retail sectors.

Both parties discussed the potential creation of a joint Qatar-Portugal Business Council. This council would aim to strengthen trade and investment relations, broaden private-sector cooperation, and explore opportunities for partnerships and joint ventures between the two nations.